Retirement Shopping Spree: Why Seniors Are Falling Prey to Overpriced Luxuries A recent study by the AARP has shed light on a concerning trend among retirees who are splurging on big ticket items that often end up being costly regrets.
The study identified five common spending categories that seniors tend to regret, including fancy cars, luxury vacations, and high end electronics.
At first glance, it's easy to dismiss this as simply a case of boomers living beyond their means in retirement.